**Last month sold data is not available in Realtor, Homes and Trulia
Sales rate = no of properties sold/avg no of properties listed
Sold Highlights
| Website | Sold |
|---|---|
 Zillow |
47 57% WoW 0% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
 Realtor.com |
93 -6% WoW 0% MoM |
 Trulia |
55 -10% WoW 0% MoM |
| Zillow |
55 -10% WoW 0% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| Zillow |
161 15% WoW 0% MoM |
| Market Trends |
 Homes |
 Realtor |
 Redfin |
 Trulia |
 Zillow |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median days on market | – | 49 | 46 | – | – | ||||||||||
| Median sale price | – | $425,000 | $437,500 | – | $423,158 | ||||||||||
| Median list price | – | $485,000 | – | – | $483,150 | ||||||||||
| Median price per sqft | – | $268 | $265 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 34.66% | ||||||||||
| Percent sales over list price | – | – | 21.1% | – | 33.15% | ||||||||||
| Percent homes with price drop | – | – | 35.9% | – | – | ||||||||||
WoW (Week-over-Week): Represents the percentage change in the number of properties compared to the previous week.
MoM (Month-over-Month): Reflects the percentage change in the number of properties compared to the previous month.
Medain days on market: The median number of days that homes in Salem, OR remain listed before being sold.
Medain sale price: The median price at which homes across Salem, OR were sold.
Medain list price: The median price at which homes across Salem, OR were listed.
Medain price per sqft: The median sale price per square foot in Salem, OR.
Percent of Sales Under/Over List price: Share of sales where sale price below/above the final list price; excludes homes sold for exactly the list price.
Percent homes with price drop: The share of homes that have reduced their price from the initial listing price.
